Information on Loughborough

Leicestershire House Prices

Posted on 02/05/08

purchase agreement for a house

Leicestershire house owners will have known for some time reading the house price news on in Loughborough that house prices in our region have been having a hard time keeping pace with inflation. Then last month the Halifax reported a 2.5 per cent monthly fall in house prices nationally.

house and a calculatorThe Average House Price for Leicestershire is 170,429 according to the House Price Index. Back in 2000 it was only 75,000 meaning it has increased by almost 130%. Inflation however measured by the Retail Price Index has increased by just 25% over the same period. Although house prices started loosing the battle against inflation in 2005 they are now showing an actual decrease there is a concern of economists is that the house prices are currently still artificially high. Mortgage lenders are already predicting that new lending could halve this year compared to last. The International Monetary Fund (IMF) has stated that the price of houses in the UK are 27 per cent above what they should be and there is already concern that if the realignment happens too rapidly then it could easily overshoot.Those who remember the price realignment and stagnation in the housing prices in the early 90s will be all to aware of the implications of repossession and negative equity.

However it is not all bad news for property. The evidence at Belvoir, the countrys leading lettings specialist is that in and around Loughborough lettings are thriving. Surprised? You shouldnt be as Jim Mitchell from Belvoir in Loughborough explains: People still need to move for any number of reasons: moving out of parents house, job move, temporary appointment, relationship split, gap between a sale and a purchase, having a house built etc. 2008 will be a bumper year for lettings and some investment landlords are seeing opportunities arising already.

It seems that every downturn in one part of a market represents an opportunity in another part of it.

Belvoir Lettings Loughborough

Latest News

Launceston Road junction improvements begin

Leicestershire,Loughborough

Highways, Transportation & Waste Management20 November 2009Launceston Road junction improvements beginWork on a new road layout to ease traffic congestion is starting at a key junction in Wigston next week. The £60,000 improvements to the junction of Station Road and Launceston Road include a new mini roundabout and an extension to the on-pavement cycle lane.... 21 Nov 2009 Launceston Road junction improvements begin

Accident-reducing road improvements in Hinckley

Leicestershire,Loughborough

Highways, Transportation & Waste Management20 November 2009Accident-reducing road improvements in HinckleyWork is starting on the second phase of a £110,000 road improvement scheme to reduce accidents along a key route in Hinckley. The work on Dodwells Road and Normandy Way, which is being carried out by Leicestershire County Council, is due to start on Monday.... 21 Nov 2009 Accident-reducing road improvements in Hinckley

Seven schools receive £16 million revamp

Leicestershire,Loughborough

20 November 2009Seven schools receive. .... 21 Nov 2009 Seven schools receive £16 million revamp

Interactive event to challenge views on museum culture

Latest News

University of Leicester PhD organise 'Materiality and Intangibility: Contested Zones', an event for researchers and artists working with museums... 20 Nov 2009 Interactive event to challenge views on museum culture

An audience with Apollo 16 Astronaut Charlie Duke

Latest News

10th Man to walk on the moon to lecture at the University of Leicester in a filled-to-capacity public event... 20 Nov 2009 An audience with Apollo 16 Astronaut Charlie Duke

Related News

Loughborough House Prices

graph

The team at inLoughborough have been analysing the trend in house prices ffor the last 7 years for the Leicestershire / Derbyshire and Nottinghamshire area given the latest statistical release of the House Price Index today (28th February 2008) by the Land Registry.... 28 Feb 2008 Loughborough House Prices

East Midlands House Prices

house on a calculator

There are mixed messages if you are a home owner or thinking of buying a property in Loughborough. As a region the East Midlands showed a drop in house prices in August, however the news is not all bad, prices in Leicestershire experienced a rise.... 06 Oct 2007 East Midlands House Prices

Leicestershire House Prices

house on a calculator

House prices in the East Midlands continue to fall. We have just received news on the changes in house prices from the Land Registry and its not good news if you live in the Midlands (if you live in London however...)... 28 Oct 2007 Leicestershire House Prices

Loughborough House Prices

house prices

Figures just released by the Land Registry have shown that house prices in the East Midlands continued to fall in October 2007 giving an indication of what is happening to house prices in Loughborough and the rest of Charnwood. House prices in the East Midlands fell by 0.1 % in October. This follows a fall of 0.2% in September and a fall of 1.1% in August. This comes at a time when house prices are falling at the fastest rate ever recorded. ... 13 Dec 2007 Loughborough House Prices

Reed backs winter fuel allowance

gas

Andy Reed, Loughboroughs MP, backed calls yesterday (5th February 2008) for the Government to investigate the profits of big energy supplies amidst the raising costs of energy. Andy calls for the government to look at a one off windfall tax on profits to be used to increase winter fuel payments for the people most in need of help.... 06 Feb 2008 Reed backs winter fuel allowance

Relevant News

Arson at house in Loughborough

News

Officers in Loughborough are appealing for witnesses following an incident of arson at a house on Cobden Street in Loughborough. The incident happened at around 1.15am this morning (Friday June 1, ... 01 Jun 2007 Arson at house in Loughborough

Proposals to safeguard care homes unveiled

Proposals to safeguard the future of 10 care homes have been unveiled by Leicestershire County Council s leader.... 11 Jul 2007 Proposals to safeguard care homes unveiled

huntingdon court review

Hunitingdon Care home in loughborough proposals

Proposals to safeguard the future of Huntingdon Court in Loughborough together with 9 other care homes accross the county will be discussed by Leicestershire County Councils ruling Cabinet next week. On August 7, the Cabinet is set to formally withdraw plans to close two of its 10 elderly peoples homes - and launch consultation on proposals to transfer six to new owners instead. In March, the County Council proposed to close two of its 10 elderly peoples homes, in order to create two extra ... 31 Jul 2007 huntingdon court review

East Midlands House Prices

house on a calculator

There are mixed messages if you are a home owner or thinking of buying a property in Loughborough. As a region the East Midlands showed a drop in house prices in August, however the news is not all bad, prices in Leicestershire experienced a rise.... 06 Oct 2007 East Midlands House Prices

Welcome House Funding

nicky morgan

Nicky Morgan has been in contact with the team that is reviewing the funding for Welcome House in Loughborough following the news that the number of hours the service may be available may be cut after a review of Adult Mental Health Funding and allocation.... 08 Oct 2007 Welcome House Funding

Most Read News (today)

Graffiti Workshops in Loughborough and Charnwood

graffiti

A SERIES of free graffiti workshops could help creative youngsters avoid a brush with the law. Charnwood Community Safety Partnership, of which Charnwood Borough Council is a partner, is staging the six-week programme of graffiti workshops in three neighbourhoods to give 11 to 16-year-olds an alternative means of expression rather than daubing slogans and images on buildings throughout the Borough.... 18 Jul 2008 Graffiti Workshops in Loughborough and Charnwood

Loughborough MP Announces Free Chess Sets for Schools

chess pieces and board

Andy Reed MP today announced the giving away of chess sets to schools. The chess sets are available for schools as part of a scheme to provide a quarter of a million chess sets into the school network. Negotiations with manufacturers and distributors means that ten sets and boards can be offered to every school in England. ... 13 Feb 2008 Loughborough MP Announces Free Chess Sets for Schools

Mini moto campaign in Loughborough is a crushing success.

police officer

14 motorbikes and mini-motos have been crushed after they were confiscated by police in Loughborough during a crack down on young people who drive dangerously and inconsiderately on roads, parks and public places.... 02 Jul 2008 Mini moto campaign in Loughborough is a crushing success.

The Carbon Benefits Project

Latest News

Dr Eleanor Milne to speak about this timely work on Thursday 19 November at the University of Leicester ... 20 Nov 2009 The Carbon Benefits Project

Robot in Loughborough Town Centre

robot

Reports are coming in that Loughborough Town Centre was yesterday infiltrated by a giant robot. The robot which some eye witnesses say they saw in Market Place and Market Street at various times yesterday afternoon stood some 8ft tall, was metallic in colour, had blue glowing eyes and spoke in sound bites.... 27 May 2008 Robot in Loughborough Town Centre

Most Read News (this month)

Leicestershire County Council reveals results of groundbreaking archaeology survey

Leicestershire,Loughborough

Community Services29 October 2009Leicestershire County Council reveals results of groundbreaking archaeology surveyLeicestershire County Council today held a press conference at Bosworth Battlefield Heritage Centre to announce the conclusion of a groundbreaking three year archaeological survey to locate the battle of Bosworth, funded by the Heritage Lottery Fund grant. Battlefields Trust archaeologist, Glenn Foard, revealed an exciting collection of finds from the Battle of Bosworth of international archaeological significance.... 30 Oct 2009 Leicestershire County Council reveals results of groundbreaking archaeology survey

Loughborough Fair

News

The popular, annual Charnwood Borough Council-organised event will open at 6pm on Wednesday, November 11th and run until Saturday, November 14th 2009.... 03 Nov 2009 Loughborough Fair

Police searching for missing man have found a body

police,constabulary,leicestershire police

Police searching for missing man have found a bodyPolice searching for a 77 year old man from Loughborough, who has been missing since yesterday evening, have found the body of a man. Ernest Sanham from Park Road in Loughborough, was admitted to the Leicester General Hospital on Thursday 22nd October 2009 suffering from confusion.... 26 Oct 2009 Police searching for missing man have found a body

Loughborough shoppers to benefit from Bonfire Night Advice

News

Information about being safe on Bonfire Night will be available for shoppers who visit Loughborough town centre on Wednesday.... 03 Nov 2009 Loughborough shoppers to benefit from Bonfire Night Advice

GREAT CENTRAL RAILWAY RAISES TWENTY THOUSAND POUNDS FOR CHARITY

News

Street children in the third world and some of the most endangered animals on the planet are set to benefit from generous visitors the Great Central Railway. The award winning Leicestershire heritage line teamed up with two charities to raise money at special gala events.... 26 Oct 2009 GREAT CENTRAL RAILWAY RAISES TWENTY THOUSAND POUNDS FOR CHARITY

Most Read News (alltime)

Graffiti Workshops in Loughborough and Charnwood

graffiti

A SERIES of free graffiti workshops could help creative youngsters avoid a brush with the law. Charnwood Community Safety Partnership, of which Charnwood Borough Council is a partner, is staging the six-week programme of graffiti workshops in three neighbourhoods to give 11 to 16-year-olds an alternative means of expression rather than daubing slogans and images on buildings throughout the Borough.... 18 Jul 2008 Graffiti Workshops in Loughborough and Charnwood

Loughborough MP Announces Free Chess Sets for Schools

chess pieces and board

Andy Reed MP today announced the giving away of chess sets to schools. The chess sets are available for schools as part of a scheme to provide a quarter of a million chess sets into the school network. Negotiations with manufacturers and distributors means that ten sets and boards can be offered to every school in England. ... 13 Feb 2008 Loughborough MP Announces Free Chess Sets for Schools

Robot in Loughborough Town Centre

robot

Reports are coming in that Loughborough Town Centre was yesterday infiltrated by a giant robot. The robot which some eye witnesses say they saw in Market Place and Market Street at various times yesterday afternoon stood some 8ft tall, was metallic in colour, had blue glowing eyes and spoke in sound bites.... 27 May 2008 Robot in Loughborough Town Centre

Mini moto campaign in Loughborough is a crushing success.

police officer

14 motorbikes and mini-motos have been crushed after they were confiscated by police in Loughborough during a crack down on young people who drive dangerously and inconsiderately on roads, parks and public places.... 02 Jul 2008 Mini moto campaign in Loughborough is a crushing success.

Radical plans to personalise social care in Leicestershire

social care

Radical changes to social care in Leicestershire will be outlined at a meeting next week. The County Council wants to personalise its social care and will update the Cabinet on the plans next Tuesday (29th July).... 22 Jul 2008 Radical plans to personalise social care in Leicestershire